Does IQ greatly affect a person's success in trading? - page 8.

Hammonds

sr. member

Activity: 532

Merit: 250

Quote from: micle222 on July 11, 2018, 10:31:33 PM

If you talk like that then it can be said that you are discriminating against an object, what else is this about Cryptocurrency embracing many people down.

Indeed discrimination is a real enemy that is possessed by humans, abisa saw kits in our daily life. his only example in black football is always discriminated by supporters.
In Cryptocurrency it should be that discrimination should be abolished because it would constrict Cryptocurrency, not to expand the cryptocurrency market.

Dimon8

jr. member

Activity: 420

Merit: 1

Success in trading depends on how much a person is interested in a positive result, and the result depends on the amount of time spent studying the trade.

micle222

sr. member

Activity: 784

Merit: 255

If you talk like that then it can be said that you are discriminating against an object, what else is this about Cryptocurrency embracing many people down.

No need for a high IQ for Bitcoin trading, because with seriousness, patience and just enough effort, please do not make a question that makes people break,here in this forum we are all the same.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Standard Kepler on July 08, 2018, 10:58:12 PM

High IQ doesn't directly mean that this person can predict what is happening next, not even in trading.

Highly intelligent people will not be trading to make money. They will actually be the owner of the exchange or the creator of the project. Grin

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In trading, we can never tell when the market will turn good or bad, it is affected by many aspects like political, economy or the company's problem or news that affect their stock price.

It depends on the FUD but this is sometimes predictable and if people have fund lined up in the proper place they might be able to make money. Something called arbitrage trading comes into help during such period.

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Even those experienced trader, they cannot predict what is going to happen next too.

With experience it becomes possible but no absolute prediction can be done.

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I may say, higher IQ can help a person gain success in trading in faster. They may find faster and easier about the knowledge on trading.

This is relative. It depends on the person's interest in trading and their experience. They dont have any direct link.

Kpmaline

jr. member

Activity: 89

Merit: 3

2 da Moon

for being a skillful in something not only in ( trade ) but that is specifically at this thing.. you will be good at
and successful guy at this field.. never matter about your intelligence then... or [your high IQ] basically it's come from
reading and searching to be aware about most edges... then definitely you will become an expert at this thing ..

mrproblem

member

Activity: 392

Merit: 24

Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

What you need any other than IQ are :
Patience
Experience

IQ is not all part you need even the less one you need it is

KesoNie

copper member

Activity: 672

Merit: 270

Quote from: Nicol3 on July 08, 2018, 09:32:09 PM

I dont think it affect a persons success in trading, but if you really are driven to strive hard and willing to pearn new things especially in trading then you’d be successful. And I dont think there are any person who joined the cryptocurrency without an IQ, how did he/she got to this point if they dont have an IQ right?

It could be an additional factor to become a successful trader but it doesn't matter at all because it is not the true requirements to become a successful trader. Well for me I would greatly honor the skills, techniques and strategies of one person to be able to become a successful one because that was the only thing that could bring him in success.

Standard Kepler

newbie

Activity: 30

Merit: 0

High IQ doesn't directly mean that this person can predict what is happening next, not even in trading.
In trading, we can never tell when the market will turn good or bad, it is affected by many aspects like political, economy or the company's problem or news that affect their stock price. Even those experienced trader, they cannot predict what is going to happen next too.
I may say, higher IQ can help a person gain success in trading in faster. They may find faster and easier about the knowledge on trading.

yndye

sr. member

Activity: 616

Merit: 262

Quote from: Nicol3 on July 08, 2018, 09:32:09 PM

I dont think it affect a persons success in trading, but if you really are driven to strive hard and willing to pearn new things especially in trading then you’d be successful. And I dont think there are any person who joined the cryptocurrency without an IQ, how did he/she got to this point if they dont have an IQ right?

A high IQ does not guarantee a profitable trading but at least you should understand how trading works. Even if you are a little slow when it comes to absorption of knowledge but then when you understand it, you retain it and then work hard to achieve what you wanted then you will become profitable even if you have a lower IQ. If you base it on being successful, not every one who has first rank in your school when you graduate has become successful because when you are already in real life, it is all about working or trading smart not just in theories but in executing it.

Nicol3

sr. member

Activity: 420

Merit: 250

I dont think it affect a persons success in trading, but if you really are driven to strive hard and willing to pearn new things especially in trading then you’d be successful. And I dont think there are any person who joined the cryptocurrency without an IQ, how did he/she got to this point if they dont have an IQ right?

SoloMoney

newbie

Activity: 67

Merit: 0

No, your IQ does not affect success in the crypto currency trade. Everyone is unique and can do everything, so if you want to become a trader everything will depend only on you.

buy_crypt_sell

newbie

Activity: 107

Merit: 0

I've never heard of such a comparison. You can conduct such a study first and after that give us the results.

Chachen19

newbie

Activity: 126

Merit: 0

IQ is very important for people who own high indexes to be sensitive and they are smart about the market and the market is very useful for smart people with high indexes IQ greatly affect a person's success in trading.

Ewox

sr. member

Activity: 812

Merit: 253

Having an IQ is required when you do some things that needs thorough thinking and leading you to your own succession but it does not necessarily mean you have to have a high IQ. You just need some IQ to understand what you are trying to get inti, like trading.

Rexxxem

full member

Activity: 368

Merit: 100

I think it's more about an emotional intelligence. Sitting on one's hands and not buying or selling compulsively is a hard part.

sambuki

newbie

Activity: 238

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We don't need a great IQ in trading. The average IQ will be enough to be able to be a good trader. IQ won't affect much in this type of game.

bosslington

newbie

Activity: 41

Merit: 0

Price Analysis has to do with your total Emotion and stability not necessarily IQ

Cling18

full member

Activity: 1708

Merit: 126

Quote from: Sirait on June 09, 2018, 01:53:23 PM

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

As for me, having enough knowledge and understanding about crypto is enough for us to do it appropriately. We don't really need to have a high IQ or to be a genius for us to understand and analyse the market flow. As long as we understand the basics of trading, we could make things right and make good decisions here.

twitchtver

newbie

Activity: 112

Merit: 0

I won't totally agree that IQ affect a person success in trading. The market is not a fixed approach algorithm. Success in trading is dependent on many facts while IQ is measured in a subjective test. Success in trading may be dependent on timing, the amount of information at your disposal, your experience with trading and many other factors. Hence anyone can succeed in trading. A higher IQ may simply give a person ability to learn last how the market runs.

Taki

hero member

Activity: 1078

Merit: 514

Quote from: gentlemand on June 09, 2018, 03:00:48 PM

Nope. All IQ means is the ability to pass IQ tests. That's it.

You could be the most intelligent person in the world but a useless trader if you have no control over your emotions. Maybe being a little dull upstairs makes you better. You won't be swayed by theoretical possibilities. You'll stick to your moves.

Control over your emotions is the one thing above all you need. Not many have it.

I am agree. Passing the test and knowing your high results makes you feel upper than others. Actually many people have high IQ but they use their possibilities for other things or do not use it at all. For example, I have heard that Snoop Dog has high IQ, but he is not a trader

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